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Basilea presents new research data on BAL27862, an oncology drug candidate

Posted on: Thu, 19 Nov 2009 05:20:00 EST

Symbols: CTHP, BPMUF

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Nov 19, 2009 (M2 EQUITYBITES via COMTEX) --
CTHP | Quote | Chart | News | PowerRating -- Pharmaceutical company Basilea Pharmaceutica Ltd (SWISS: BSLN) today
presented a new research data on its new antitumor drug candidate,
BAL27862, at the international conference on Molecular Targets and
Cancer Therapeutics in Boston.

BAL27862 is a novel, intravenous and orally bioavailable small
molecule. It disrupts the microtubule network, a well established
intracellular target in oncology, through a unique mechanism of action.

The company said that the new data suggest that BAL27862 has the
potential for a distinct anticancer profile in a wide range of cancer
types, including those resistant to current treatment options.

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